Chinese dry bulk company hit by US sanctions on Iran

A Chinese dry bulk operator with 12 ships in its fleet has been placed on the US sanction list. According to the US, the company is in breach of US sanctions by transporting steel from Iran to China.

USA præsenterede nye sanktioner mod Iran på et pressemøde fredag, hvor udenrigsminister Mike Pompeo og handelsminister Steve Mnuchin deltog. Photo: Kevin Lamarque/REUTERS / X00157

A Chinese company with a fleet of dry bulk ships has been hit by the US sanctions against Iran.

In a statement, the US Department of Justice says that company Hongyan Marine of China has been blacklisted for having transported Iranian steel in breach of sanctions.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Related articles

Latest news


See all

See all